Round Hill Asset Management Invests $1.37 Million in Concentrix Corporation $CNXC

Round Hill Asset Management purchased a new stake in shares of Concentrix Corporation (NASDAQ:CNXC) in the third quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 29,743 shares of the company’s stock, valued at approximately $1,373,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Hussman Strategic Advisors Inc. purchased a new position in shares of Concentrix during the third quarter valued at approximately $1,938,000. Allspring Global Investments Holdings LLC bought a new position in shares of Concentrix in the third quarter worth approximately $9,627,000. Envestnet Asset Management Inc. grew its holdings in shares of Concentrix by 32.9% during the second quarter. Envestnet Asset Management Inc. now owns 220,030 shares of the company’s stock valued at $11,630,000 after buying an additional 54,449 shares during the last quarter. Brandywine Global Investment Management LLC bought a new stake in shares of Concentrix during the second quarter valued at approximately $5,942,000. Finally, Capital Management Corp VA raised its holdings in Concentrix by 45.0% in the 3rd quarter. Capital Management Corp VA now owns 472,681 shares of the company’s stock worth $21,814,000 after acquiring an additional 146,688 shares during the last quarter. Hedge funds and other institutional investors own 90.34% of the company’s stock.

Concentrix Stock Up 2.3%

Concentrix stock opened at $32.80 on Monday. Concentrix Corporation has a one year low of $29.35 and a one year high of $66.00. The stock has a fifty day moving average of $38.61 and a 200 day moving average of $42.55. The company has a debt-to-equity ratio of 1.67, a quick ratio of 1.40 and a current ratio of 1.40. The stock has a market cap of $2.01 billion, a PE ratio of -1.57, a price-to-earnings-growth ratio of 0.34 and a beta of 0.50.

Concentrix (NASDAQ:CNXC) last released its quarterly earnings results on Tuesday, January 13th. The company reported $2.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.93 by $0.02. Concentrix had a positive return on equity of 16.91% and a negative net margin of 13.02%.The business had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.54 billion. During the same period in the previous year, the company posted $3.26 EPS. The business’s quarterly revenue was up 4.3% compared to the same quarter last year. Concentrix has set its Q1 2026 guidance at 2.570-2.690 EPS and its FY 2026 guidance at 11.480-12.070 EPS. As a group, sell-side analysts predict that Concentrix Corporation will post 10.11 EPS for the current year.

Concentrix Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 10th. Shareholders of record on Friday, January 30th were issued a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend was Friday, January 30th. Concentrix’s dividend payout ratio is currently -6.91%.

Insiders Place Their Bets

In other Concentrix news, CEO Christopher A. Caldwell purchased 1,000 shares of the firm’s stock in a transaction on Thursday, January 29th. The shares were acquired at an average cost of $37.07 per share, for a total transaction of $37,070.00. Following the completion of the transaction, the chief executive officer owned 362,075 shares of the company’s stock, valued at approximately $13,422,120.25. The trade was a 0.28% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on CNXC. Wall Street Zen raised Concentrix from a “hold” rating to a “buy” rating in a report on Saturday, February 14th. Weiss Ratings cut Concentrix from a “hold (c-)” rating to a “sell (d)” rating in a research report on Thursday, January 29th. Barrington Research reissued an “outperform” rating and issued a $62.00 target price on shares of Concentrix in a research report on Monday, January 12th. Finally, Robert W. Baird set a $52.00 target price on shares of Concentrix in a research note on Wednesday, January 14th. Three equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Concentrix currently has a consensus rating of “Hold” and a consensus target price of $63.75.

Concentrix Company Profile

Concentrix Inc (NASDAQ: CNXC) is a global business services company specializing in customer engagement solutions and technology‐driven business process outsourcing. The firm’s offerings encompass customer care delivered across voice and digital channels, back‐office processing, analytics and consulting, and automated workflow management. By integrating proprietary platforms, strategic partnerships and advanced automation, Concentrix helps clients enhance customer experiences and streamline operations.

Its capabilities extend to digital marketing and technology implementation, leveraging artificial intelligence, machine learning and data analytics to optimize customer journeys.